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Engineering News-Record Presents:
Protecting Yourself from Subcontractor Defaults
March 28, 2013
Complimentary Webinar
Subcontractor defaults are on the rise. This webinar will explore risks to contractors and projects and steps to be taken to protect the project’s integrity and the contractor’s bottom line if a sub gets into trouble, and how to spot signs of trouble. Of special concern are the subcontractor’s financial condition, tracking key financial data and what are the most reliable indicators of a subcontractors true financial condition. What should a surety or insurer’s role be in monitoring condition of bonded or insured subcontractors?
Introduction:
Salim Faroukh
Managing Director, Industry Strategy
Hitachi Solutions
Moderator:
Richard Korman
Editor
ENR RiskReview
Panelists:
Jason LaMonica
Senior Vice President / Profit Center Head
Construction Performance Risk
XL Group
Ed Littleton
Vice President Risk Management
Balfour Beatty Construction
Thomas C. Schleifer, Ph.D.
Management Consultant
Research Professor
Del E. Webb School of Construction
Arizona State University